Agriculture, forestry, and fishing, value added (constant 2015 US$) in Marshall Islands
Marshall Islands: Agriculture, forestry, and fishing, value added (constant 2015 US$) was 45.31 million constant 2015 US$ in 2024. ◆ Volatile
Agriculture, forestry, and fishing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, agriculture, forestry, and fishing, value added in Marshall Islands stood at 45.31 million constant 2015 US$.
That represents a change of up 21.5% on the previous year and up 110.3% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Marshall Islands peaked at 50.68 million constant 2015 US$ in 2021 and was at its lowest, 12.39 million constant 2015 US$, in 2002.
That places Marshall Islands 181st out of 194 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture, forestry, and fishing, value added (constant 2015 US$) in Marshall Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1997 | 14.19 million constant 2015 US$ | — |
| 1998 | 13.60 million constant 2015 US$ | -4.1% |
| 1999 | 13.25 million constant 2015 US$ | -2.6% |
| 2000 | 13.65 million constant 2015 US$ | +3.0% |
| 2001 | 14.14 million constant 2015 US$ | +3.6% |
| 2002 | 12.39 million constant 2015 US$ | -12.4% |
| 2003 | 13.06 million constant 2015 US$ | +5.4% |
| 2004 | 13.68 million constant 2015 US$ | +4.8% |
| 2005 | 13.64 million constant 2015 US$ | -0.2% |
| 2006 | 13.66 million constant 2015 US$ | +0.1% |
| 2007 | 14.53 million constant 2015 US$ | +6.4% |
| 2008 | 15.30 million constant 2015 US$ | +5.3% |
| 2009 | 16.37 million constant 2015 US$ | +7.0% |
| 2010 | 18.67 million constant 2015 US$ | +14.0% |
| 2011 | 19.67 million constant 2015 US$ | +5.3% |
| 2012 | 22.99 million constant 2015 US$ | +16.9% |
| 2013 | 22.96 million constant 2015 US$ | -0.1% |
| 2014 | 21.54 million constant 2015 US$ | -6.2% |
| 2015 | 22.82 million constant 2015 US$ | +5.9% |
| 2016 | 24.53 million constant 2015 US$ | +7.5% |
| 2017 | 26.02 million constant 2015 US$ | +6.1% |
| 2018 | 31.46 million constant 2015 US$ | +20.9% |
| 2019 | 48.59 million constant 2015 US$ | +54.5% |
| 2020 | 45.50 million constant 2015 US$ | -6.4% |
| 2021 | 50.68 million constant 2015 US$ | +11.4% |
| 2022 | 42.86 million constant 2015 US$ | -15.4% |
| 2023 | 37.28 million constant 2015 US$ | -13.0% |
| 2024 | 45.31 million constant 2015 US$ | +21.5% |
Marshall Islands compared with similar countries
- Marshall Islands's 45.31 million constant 2015 US$ is below the median for upper middle income countries, which is 1.95 billion constant 2015 US$, 2% of the median. (58 countries reporting)
- Marshall Islands's 45.31 million constant 2015 US$ is below the median for East Asia & Pacific, which is 2.54 billion constant 2015 US$, 2% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Agriculture, forestry, and fishing, value added (constant 2015 US$) in Marshall Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +54.5% | 31.46 million constant 2015 US$ | 48.59 million constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.68 million constant 2015 US$ | 13.25 million constant 2015 US$ | 14.19 million constant 2015 US$ | 3 |
| 2000s | 14.04 million constant 2015 US$ | 12.39 million constant 2015 US$ | 16.37 million constant 2015 US$ | 10 |
| 2010s | 25.93 million constant 2015 US$ | 18.67 million constant 2015 US$ | 48.59 million constant 2015 US$ | 10 |
| 2020s | 44.33 million constant 2015 US$ | 37.28 million constant 2015 US$ | 50.68 million constant 2015 US$ | 5 |
Countries ranked near Marshall Islands
- 178 Seychelles 58.84 million constant 2015 US$ compare
- 179 Kiribati 58.82 million constant 2015 US$ compare
- 180 Saint Lucia 49.82 million constant 2015 US$ compare
- 182 Grenada 34.91 million constant 2015 US$ compare
- 183 Saint Vincent and the Grenadines 32.37 million constant 2015 US$ compare
- 184 Sao Tome and Principe 27.54 million constant 2015 US$ compare
More economy & growth data for Marshall Islands
- Real gdp growth, annual growth rate 157.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6305 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0342 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 290.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0384 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 212.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Marshall Islands?
- Agriculture, forestry, and fishing, value added in Marshall Islands was 45.31 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The highest recorded value was 50.68 million constant 2015 US$ in 2021.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Marshall Islands?
- The lowest recorded value was 12.39 million constant 2015 US$ in 2002.
- How does Marshall Islands rank for agriculture, forestry, and fishing, value added?
- Marshall Islands ranks 181st out of 194 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Marshall Islands?
- Over the last ten years it is up 110.3%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.